Bonnie Michael Named 2021 Recipient of the Edward A. Groobert Award for Legal Excellence from the Equipment Leasing Finance Association

Volvo Financial Services (VFS) today announced The Equipment Leasing and Finance Association (ELFA) has awarded Bonnie Michael, VFS vice president legal & compliance, USA, the Edward A. Groobert Award for Legal Excellence. ELFA Legal Committee Chair Lisa Moore, Senior Counsel at PNC Equipment Finance, LLC, presented the award to Bonnie on May 4 at ELFA Legal Forum LIVE! in recognition of her significant contributions to the association and the equipment finance industry.
Bonnie Michael
Bonnie Michael, vice president legal and compliance USA for Volvo Financial Services, awarded the Edward A. Groobert Award by The Equipment Leasing and Finance Association.

Bonnie has more than two decades of experience representing equipment finance companies and the financial services industry. She joined Volvo Financial Services as General Counsel in 2010 and has led the VFS USA legal team (Greensboro, NC headquarters) since then. In her current role, she monitors the broad spectrum of legal and regulatory areas impacting the company, providing day-to-day advice and guidance, and implementing changes as developments occur.

In addition to her legal responsibilities at VFS, she created and served as the initial Chair of the Community Involvement program in the U.S., which furthered her passion for giving back, and also created and served as the first Chair of the Employee Engagement Committee in the U.S., helping to foster an even better workplace for all employees to enjoy.

Michael holds a J.D. from Chicago-Kent College of Law and a Bachelor of Arts degree in journalism from the University of Wisconsin.

The Edward A. Groobert Award for Legal Excellence is named for ELFA’s long-time Secretary and General Counsel Edward A. Groobert, who was active in the legal affairs of the association from the mid-1960s until his retirement in 2010. ELFA is the trade association that represents companies in the nearly $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. Its 575 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers.

About Volvo Financial Services
Volvo Financial Services is a leader in the financial services industry, providing innovative products and services that help customers achieve their business goals. We develop solutions that deliver an exceptional customer experience, respond to changing business models and meet the demands of today’s evolving environment.

Volvo Financial Services is part of the Volvo Group, which is driving prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase customer uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100,000 people and serves customers in more than 190 markets. In 2019, net sales amounted to about $45.7 billion. Volvo shares are listed on Nasdaq Stockholm. For more information, please visit


For further information, contact Jessica Ford, Volvo Financial Services,

phone +1-336-931-3872, email

Related News

Latest Press Release

Latest Press Release